Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison
Lawyers representing the former FTX CEO say he's being served a “flesh diet” in prison even though he's vegan, and has been subsisting on bread, water and peanut butter.
BRICS Bank to Issue First Indian Rupee Bond — Plans to Boost Local Currency Lending
The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee bond by October. Last week, the bank issued its first South African rand bond. “NDB is seeking to increase its presence in…
Breaking Point: Bitcoin Fate Hangs On $25,400 Support, $20,500 Looms As Potential Bottom
Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial…
BNB Price Prediction: Why Bulls Could Aim Recovery To $230
BNB price (Binance coin) is attempting a recovery from $202 against the US Dollar. The price could start a strong increase if it clears the $215 resistance level. Binance coin price is slowly moving higher from the $202 zone against the US Dollar…
Ethereum price is facing many hurdles below the $1,700 resistance against the US Dollar. ETH could extend its decline below the $1,580 and $1,550 levels. Ethereum is still struggling to recover above the $1,700 and $1,720 levels. The price is…
XRP Bears Reverse All SEC Ruling Gains, What’s Next?
Trading at around $0.51, XRP bears have fully reversed all gains posted on July 13, looking at price action in the daily chart. Although bulls are optimistic, it hasn’t been smooth sailing for these traders, and bears have been active…
Chinese Yuan Not Serious Threat to US Dollar Hegemony, Says Economist
An economist has dismissed the Chinese yuan as a significant threat to the U.S. dollar’s dominance. “The Chinese renminbi, which accounts for less than 3% of global reserves, is not a serious threat to dollar hegemony,” he…
Bitcoin Bulls Keep Pushing, Why BTC Could Recover Above This Resistance
Bitcoin price remained strong above the $25,500 zone. BTC could soon attempt a recovery wave above the $26,500 resistance zone in the near term. Bitcoin is still consolidating above the $25,500 support zone. The price is trading near $26,050 and…
Rumors Of Robinhood Listing XRP Take Center Stage On Crypto Twitter
The crypto community is currently buzzing with excitement and curiosity following rumors of Robinhood potentially listing XRP. These rumors come as the XRP price falls to pre-judgment levels, sparking hope that it could trigger a reversal. XRP…
Is Binance Really Selling Bitcoin To Prop The Price Of BNB?
Crypto exchange Binance has had a tough few months in terms of market news and pressure from regulatory bodies. Just a few days ago, Binance lost another payment processing partner after Checkout.com terminated its contract with the crypto…
Economist Peter Schiff Says Fed Policies Significantly Harm Economy — Warns of More Inflation
Economist Peter Schiff has warned that the Federal Reserve has gotten its policies wrong for 20 years, which has “significantly harmed the economy and made dire consequences inevitable.” Emphasizing that the Fed cannot win its fight…
Bitcoin Chicken Game: Why Losing This Level Could Send BTC Back To $20,000
The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail…
Australian CBDC could be useful for payments, tokenization, says RBA
The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency.
Rise In Bitcoin Outflows Suggests Institutional Investors May Be Losing Faith In The Asset
This year has been marked by significant volatility across the crypto market, including for Bitcoin, which has seen both gains and losses over the course of the year. Just a month ago in the middle of July, Bitcoin crossed over $30,000 and many…
US Lawmaker Slams SEC’s ‘Reckless’ Rulemaking — Warns of ‘Lasting Economic Harm’
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, for “pursuing a reckless, rushed rulemaking agenda with inadequate economic analysis and limited public input.” He warned that…
SHIB Burn Rate Jump 1,100% Amid Expectations Of Shibarium Relaunch
Off the back of the much-anticipated Shibarium launch, the SHIB burn rate has seen a tremendous rise. This surge in the burn rate comes despite the Layer 2 blockchain running into problems on the day of its launch last week, and still being in…
US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud…
99.5% Of AVAX Holders In Loss, As Avalanche Bears Thirst For More Blood
The Avalanche token (AVAX), like most other altcoins, felt the bearish impact of the general market downturn, which resulted in a billion-dollar liquidation in the crypto market. Historical price data, however, shows that AVAX has been experiencing…
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea.
Central Bank of Brazil Rebrands CBDC to ‘Drex,’ Launch Expected by 2024
The Central Bank of Brazil has issued a press release revealing details about “drex,” the Brazilian central bank digital currency (CBDC) formerly known as the digital real. The bank explained the need for a rebranding and detailed how…
By The Numbers: Deciphering XRP’s Lost Momentum Amid The SEC Lawsuit
The US Securities and Exchange Commission’s (SEC) legal tussle with Ripple over the XRP token may have significantly set its trajectory back in the US market. Crypto lawyer John Deaton explained this in an X (formerly known as Twiter) post…
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.
XRP Value Plunges 39% Post-SEC Verdict: XRP Army Remains Optimistic Amid Market Turbulence
It’s been 40 days since the U.S. court issued a partial verdict in the SEC’s case against Ripple. In that timeframe, the digital currency XRP’s value has slumped by a significant 39.43%. Despite SEC’s Interlocutory…
Is the 25% drop in PEPE, SHIB and APE a sign of a deepening crypto bear market?
Memecoins reflect a higher beta to the entire crypto sector, but does their recent 25% price drop signal a deepening bear market for BTC, ETH and large caps?
Will Bitcoin observe a repeat of the rebound that took place after the crash back in March? Here’s what this on-chain metric suggests. Bitcoin Short-Term Holder SOPR Is Showing A Pattern Similar To March As an analyst in a CryptoQuant post…
The U.S. Securities and Exchange Commission (SEC) has charged Titan Global Capital Management for publishing misleading “hypothetical performance projections” regarding its crypto investment product. Titan Global is also accused of…
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